Stelco says reaches new deal with Deutsche Bank


TORONTO, Nov 24 (Reuters) - Stelco Inc. , which is under bankruptcy protection, said on Wednesday it has reached a new refinancing plan with Deutsche Bank AG that does not depend on a contract with General Motors Corp. . Stelco, whose refinancing plan with Deutsche Bank was thrown into doubt when it lost the GM contract, said the new plan provides for certain assurances to be given with respect to several other large customer contracts and the removal of a provision relating to a ...

Premium Content (PAID Subscription Required)

"Stelco says reaches new deal with Deutsche Bank" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×